Share it with the first person who replied to such a question
I would retire.
I’d buy a moderately nice place in the city I want to libe in, provably 1mil absolute max, depending on property taxes. I would then invest the remainder, ensuring that with relatively stable investments I could live comfortably on the interest going forward, with the interest covering property tax and my expenses.
Yeah that would be me too. Where I live you can get a pretty nice place for $400k+, so let’s say $500k off the principal, so $4.5 million left over. If you can get, say, 5% interest on that then you’re getting $225k per year for doing absolutely nothing. Even if you can only get, say 2% interest, that’s still about $90k/year which is not extravagant but doable.
90k a year without a mortgage is like, 150k a year with a mortgage, so that’s very doable even for a decent lifestyle of traveling and hobbies. At that I would probably pick up something like bartending or something that doesn’t make much but would be interesting as a part time job. Slinging beer at a brewery could be a fun way to make some spare cash
I would buy a brick house on top of a forested hill. My nearest neighbor would be a 20-minute drive away.
I would work on my magnum opus of tabletop rpg rules, which I would convert into a video game.
I would commission art and fund the construction of shrines to the four tezcatlipocas.
Fund owl habitat preservation.
I like your style!
Put it all on red
You are either a degenerate gambler or already a billionaire \s
I’d go to your table and put it all on black
Invest in one of the two startup projects im working on
And watch that 5 mil turn into 5k overnight 😎
Start a vegan commune.
Hire a fiduciary and pay off my debts, which I think currently is just my mortgage.
I wouldn’t quit my job straight away. I like my team and I’m learning rapidly having them around.
Travel more, and invest in my hobbies, picking up a couple others that currently are out of reach.
The remaining
14.5 million would grow.Damn, I gotta get one of those negative mortgages
Lol, for some reason I thought it was 15 mil, not 5. If you do happen to find one of those illusive mortgages though, hmu.
5 Million? O.K. let’s roll.
60K for university education, should be plenty.
40K go to paying various bills for friends and family
100K for various charities
1.8M go to building a non-profit high tech eco commune in Argentina or a similarly climatically stable place with features inspired by FM 2030’s book Upwingers in regards to future living
300K go to anti-militarist causes
500K go to various vegan groups
200K go to building school projects in developing regions
1M are invested into a photovoltaic power station from which I will extract a $6000 rent p.a. max with the rest of the proceeds going to a fund for disabled people and disadvantaged youths
Last million:
100K for travels
100K for a communal homelab that provides hosting for FLOSS and anti-conservative politics
200K for hackspaces
250K for unions, they better have some conviction though
350K for cruelty free research on rare diseases
Exchange it for Euros
Same.
Use the “4% Rule”, this would be an inflation adjusted $200K per year every year (more or less, the “4% Rule” is more of a great observation than a rule).
I would live on a third, give a third to my family, and a third to local organizations.
The 4% rule is kind of crappy and even it’s creator has modified it.
What do you mean? It is great for planning purposes.
I am well versed in it, but “crappy” arguments split both in “too low” and “too high”.
I’ll tell you what I’d do, man: ten chicks at the same time, man.
I’m not sure how I would distribute them. I just want one at each limb, one works on my scalp and neck, and one on my sore back and shoulder. Still it sounds very crowded. Let’s just have two.
i’d fund a militia to start guerrilla warfare against the bourgeoisie.
I’m a developer and I love it, but hate the current state of the field. I would quit my job and start my own company. It would be a lot less scarry if I didn’t have to worry about making money. I could just make the things I wanted.
Pay my mortgage and invest
Leave my country, buy an old decrepit spooky mansion in a non-Western country, and spend the rest of my days pretending to be a ghost whilst using the remaining funds for small acts of charity for the nearest town/village. I wanna see if I can create a legend.
